Classic Collision, LLC announced the acquisition of Affordable Body Shop in Panama City, Fla. Affordable Body Shop has been the top choice in the Florida Panhandle for years, providing repairs, guiding customers through every step, and ensuring exceptional satisfaction. Classic Collision, founded in 1983 in Atlanta, Georgia, operates 316 collision repair facilities nationwide.
Axalta Acquires Three Distributors in Europe
Will become part of Axalta Axcess, its European direct-to-customer sales and distribution network. Axalta announced in February the acquisition of three distributors in Europe, which will become part of the Axalta Axcess network. Axalta Axcess is Axalta’s direct-to-customer sales and distribution solution designed to make ordering, delivery and aftersales support for European customers convenient, reliable […]
Liberty Mutual Insurance to Sell Thailand and Vietnam Operations to Chubb
Liberty Mutual Insurance has agreed to sell its operations in Thailand and Vietnam to Chubb Limited. Terms of the deal have not been disclosed. Thailand is expected to close by the second quarter of 2025 and Vietnam is expected to close in 2026, subject to certain closing and regulatory conditions. The sale includes LMG Insurance […]
Rotunda Capital Partners Acquires AirPro Diagnostics
Rotunda Capital Partners announced it has acquired AirPro Diagnostics, the provider of remote and on-site Advanced Driver Assistance System (ADAS) diagnostics, scanning, programming and calibration solutions for the automotive, glass and collision repair industries. The partnership, formed in collaboration with existing management, will accelerate AirPro’s growth trajectory and broaden its reach to meet the market’s […]
Driven Brands Reports 2024 Revenue of $2.3 Billion
Announces CEO transition and car wash business sale. Driven Brands Holdings Inc. (NASDAQ: DRVN), the parent of CARSTAR and MAACO, announced its fourth quarter and full-year 2024 financial results on February 25, while also revealing plans for a CEO transition and the sale of its U.S. car wash business. For 2024, Driven Brands delivered revenue […]
B&R Auto Acquired Highway 64 Truck and Auto Salvage in New Mexico
Expands its network footprint across the Western U.S. B&R Auto, a portfolio company of Highview Capital, LLC, today announced the acquisition of Highway 64 Truck and Auto Salvage in Farmington, N.M. This acquisition further expands the B&R Western U.S. network into the state of New Mexico and across the entire Southwestern U.S., reaching into the […]
BASF to Sell Brazilian Decorative Paints business to Sherwin-Williams for $1.15 Billion
Will explore strategic options for remaining coatings activities in second quarter including automotive OEM and refinish. BASF and Sherwin-Williams have signed an agreement on the sale of the Brazilian decorative paints business, which is part of BASF’s Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion. The transaction is structured […]
Asbury Automotive Group Acquires Herb Chambers Companies
Sale of 14th largest private dealership group in the U.S. includes 33 dealerships, 52 franchises, and 3 collision repair centers in Massachusetts and Rhode Island. The Asbury Automotive Group, Inc. (NYSE: ABG) announced it signed an agreement to acquire automotive dealerships owned by The Herb Chambers Companies (HCC), the fourteenth largest by revenue privately-owned dealership […]
Trive Capital Invests in Chilton Auto Body
Chilton has 20 collision repair centers in California. Trive Capital, a Dallas, Texas-based private equity firm, announced it invested in Chilton Auto Body. Headquartered in San Carlos, Calif, Chilton operates 20 collision shops across the Bay Area and Los Angeles and continues to grow throughout state. Founded in 1969, Chilton services all vehicle makes and […]
Classic Collision Acquires Two Repair Facilities in North Carolina
Classic Collision, LLC announced the acquisition of Desired Image Collision and Customs Inc, in Troutman, N.C. and Cornelius Paint and Body Shop in Cornelius, N.C. Desired Image Collision and Customs Inc. was a full-service repair shop. Cornelius Paint and Body Shop, a family-owned and operated business, opened its doors in 1983 as the first collision […]
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